Finding Homes for You

MARKET UPDATE
BALLWIN, MO 63011

· Current Real Estate Market Conditions for Single Family Homes

· Trends in Pricing
· Current Levels of Supply and Demand
· Value Metrics

· Report for the week of

September 13, 2010

· Presented by Finding Homes for You

Finding Homes For You, Inc
www.FindingHomesForYou.com - mark@findinghomesforyou.com
636.386.0659

Powered by Altos Research LLC | www.altosresearch.com | Copyright © 2005-2010 Altos Research LLC
 City Overview Single Family Homes in

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BALLWIN, MO

This Week Real-Time Market Profile Trend

The median list price in BALLWIN, MO Median List Price $ 240,000 ±+
this week is $240,000. The 566 Average List Price $ 299,395
properties have been on the market Asking Price Per Square Foot $ 126 ±+
for an average of 142 days. Average Days on Market (DoM) 142 ±+

Inventory of Properties Listed 566 ≠≠

Most Expensive Listing $ 2,949,000

Inventory has been lightening lately Least Expensive Listing $ 79,900

and the Market Action Index has been Average Age of Listing 14
trending up. These are mildly positive Percent of Properties with Price Decrease 56 %
indications for the market. Percent Relisted (reset DOM) 10 %
Percent Flip (price increased) 2%
Median House Size (sq ft) 2108
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0

Supply and Demand

Median Number of Bathrooms 2.5

Altos Research Value Statistics

The market has shown some Market Action Index Strong Buyer's 13.2 ==
evidence of slowing recently. Both The Market Action Index answers the question "How's the Market?" by measuring
the current rate of sale versus the amount of the inventory. Index above 30
prices and inventory levels are implies a seller's advantage. Below 30, conditions give the advantage to the
relatively unchanged in recent buyer.
weeks. Watch the Market Action
Index for changes as it can be a Trend Key: == Strong upward trend ≠≠ Strong downward trend
leading indicator for price changes. ±+ No change = Slight upward trend ≠ Slight downward trend

Characteristics per Quartile

Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

0.25 - 0.50
Top/First $ 485,200 3232 acre 4.0 3.5 0 141 4 9 210 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 299,900 2460 acre 4.0 2.5 0 141 12 8 128 Upper-middle 25% of properties

0.25 - 0.50
Lower/Third $ 213,400 1820 acre 3.0 2.5 14 142 8 11 116 Lower-middle 25% of properties

0.25 - 0.50
Bottom/Fourth $ 164,900 1344 acre 3.0 2.0 0 142 8 10 117 Least expensive 25% of properties

Page 2 of 11 Monday September 13, 2010

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BALLWIN, MO

Median Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of
this trend.

7-day Average 90-day Average

Quartile Prices
Price weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is
trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the
market.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 3 of 11 Monday September 13, 2010

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BALLWIN, MO

Price per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been
reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from
these levels.

7-day Average 90-day Average

Inventory of Properties Listed for Sale

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average 90-day Average

Page 4 of 11 Monday September 13, 2010

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BALLWIN, MO

Market Action Index

The BALLWIN market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index stands
at 13.15. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average Buyers/Sellers Cutoff

Market Action Index per Quartile

Not surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months of
inventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall market
shifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole group
changes.

First/Top Second/Upper Third/Lower Fourth/Bottom

Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized
by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s
Advantage zone (below 30) for a long period, prices are likely in for a downward correction.

The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical function
of the current rate of sale versus current inventory.

Page 5 of 11 Monday September 13, 2010

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City Overview
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BALLWIN, MO

Days on Market
The properties have been on the market for an average of 142 days. Half of the listings have come newly on the market in the
past 91 or so days.

7-day Average 90-day Average

Days on Market per Quartile

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 6 of 11 Monday September 13, 2010

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BALLWIN, MO 63011

This Week Real-Time Market Profile Trend

The median list price in BALLWIN, MO Median List Price $ 250,000 ±+
63011 this week is $250,000. The 230 Average List Price $ 292,744
properties have been on the market Asking Price Per Square Foot $ 123 ±+
for an average of 134 days. Average Days on Market (DoM) 134 ±+

Inventory of Properties Listed 230 ≠≠

Most Expensive Listing $ 1,200,000

The Market Action Index has been Least Expensive Listing $ 114,000

trending down lately, indicating Average Age of Listing 25

demand falling along with supply. Percent of Properties with Price Decrease 57 %
Conditions point to mildly negative Percent Relisted (reset DOM) 13 %
trends for the market. Percent Flip (price increased) 2%
Median House Size (sq ft) 2218
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0

Supply and Demand

Median Number of Bathrooms 2.5

Altos Research Value Statistics

The market has shown some Market Action Index Strong Buyer's 13.9 ≠≠
evidence of slowing recently. Both The Market Action Index answers the question "How's the Market?" by measuring
the current rate of sale versus the amount of the inventory. Index above 30
prices and inventory levels are implies a seller's advantage. Below 30, conditions give the advantage to the
relatively unchanged in recent buyer.
weeks. Watch the Market Action
Index for changes as it can be a Trend Key: == Strong upward trend ≠≠ Strong downward trend
leading indicator for price changes. ±+ No change = Slight upward trend ≠ Slight downward trend

Characteristics per Quartile

Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

0.25 - 0.50
Top/First $ 418,900 2992 acre 4.0 3.5 0 57 1 5 136 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 299,900 2500 acre 4.0 2.5 0 57 4 4 136 Upper-middle 25% of properties

0.25 - 0.50
Lower/Third $ 222,000 1972 acre 3.5 2.5 0 58 4 0 139 Lower-middle 25% of properties

0.25 - 0.50
Bottom/Fourth $ 174,000 1399 acre 3.0 2.0 25 58 6 5 126 Least expensive 25% of properties

Page 7 of 11 Monday September 13, 2010

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BALLWIN, MO 63011

Median Price
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the
Market Action Index before we see prices significantly move from these levels.

7-day Average 90-day Average

Quartile Prices
In the quartile market segments, we see price conditions in this zip code have not shown strong directional trends lately.
Quartile 3 has been trending up recently, but unless we see a persistent up-shift in the Market Action Index, it will likely resume
the trend of the rest of the market.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 8 of 11 Monday September 13, 2010

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BALLWIN, MO 63011

Price per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been
reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from
these levels.

7-day Average 90-day Average

Inventory of Properties Listed for Sale

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-day Average 90-day Average

Page 9 of 11 Monday September 13, 2010

 Single Family Homes in
Neighborhood Detail
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BALLWIN, MO 63011

Market Action Index

The BALLWIN, 63011 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action
Index stands at 13.91. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average Buyers/Sellers Cutoff

Market Action Index per Quartile

Not surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels of
demand. Watch the quartiles for changes before the overall market shifts.

First/Top Second/Upper Third/Lower Fourth/Bottom

Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized
by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s
Advantage zone (below 30) for a long period, prices are likely in for a downward correction.

The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical function
of the current rate of sale versus current inventory.

Page 10 of 11 Monday September 13, 2010

 Single Family Homes in
Neighborhood Detail
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BALLWIN, MO 63011

Days on Market
The properties have been on the market for an average of 134 days. Half of the listings have come newly on the market in the
past 91 or so days.

7-day Average 90-day Average

Days on Market per Quartile

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 11 of 11 Monday September 13, 2010